Hoover Warns of Dangers in New Deal Campaign
President Hoover, returning from a strenuous campaign tour, warned in New York that Democratic victory next week would destroy the American system. He argued the New Deal threatens ordered liberty and individual rights, citing gains from 1928-29 like homes, electricity, and telephones as proof of the system’s benefits.
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Hoover Attacks Democrats in Garden Speech
President Hoover assailed Democratic plans he labeled as radical threats to the American system. He warned against proposals to raid the treasury, inflate currency, and make the Supreme Court partisan while urging continued national progress through self-help projects and steady leadership. The Garden crowd of roughly 22 000 party workers reacted with loud approval amid heavy security. Hoover prepared for more speeches across Chicago Springfield Minneapolis and St Louis with a possible Pacific coast stop depending on decisions within 48 hours.
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Hearst Publications bonds retirement anticipated in November
San Francisco October 31 A major financial operation for November draws banking and investment attention as Hearst Publications Incorporated plans to retire a block of 1 000 000 Hearst first mortgage and collateral trust 6 1 4 per cent serial bonds. Also due tomorrow is 591 250 dollars in semi annual interest on remaining bonds. Funds have been deposited with Anglo California National Bank as trustee to meet sinking fund and interest payments.
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Veterans 10 Hold Meeting At West End Lake Pavilion
Sam Houston post No 78 Veterans of Foreign Wars and the women s auxiliary announce a joint installation of officers at the West End Lake pavilion Tuesday night. New officers include Maury Maverick commander and J N Bradley quartermaster. A dance with music by Artur s Orchestra will follow the installation. Cuba Goes To Polls Havana voters go to the polls today for midterm legislative elections as the country votes for half the House of Representatives two senators provincial governors and other officials across 41 provinces and municipalities.
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Commodity Prices Decline Across Markets
Wholesale commodity prices fell for the week per the National Fertilizer Association Index, slipping 0.3 points from 606 to 603. Prices remain about 0.7 percent above the 1926–1929 average. most groups declined including foods grains feed livestock textiles metals fuels and oils while petroleum products did not advance. In Buffalo New York the fire department closed one station and seven more will follow as city cuts expenses move ahead, citing obsolete horse drawn equipment.
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Bread price hike shocks Los Angeles readers
In Los Angeles on November 1, a Republican policy claim links low farm wheat prices to high bread costs. A California governor allegedly ordered bakers to raise loaf prices by eight cents per pound as wheat hit record lows at 44 7 mills per bushel, contrasting 1920s prices.
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Train Conscious Texans Fear Relying On Rail
George C. Smith, general traffic manager for the Missouri Kansas and Texas railroad, notes a survey from several colleges finding about 30 percent of students have never ridden a train, suggesting widespread train unfamiliarity in Texas.
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Road seeks permit to abandon 28 miles of line
Washington November 1 The San Antonio Uvalde and Gulf railroad asked the Interstate Commerce Commission for authority to abandon 28 miles of track between Gardenvale and Fowjerson Texas due to traffic declines making operation unprofitable.
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Steel in Upturn Indicates Sharp Rise in Prices
Washington November 1 The commerce department announced today that indicated steel prices moved sharply upward in September signaling an uptick in industrial demand and market activity, with analysts noting persistent inflationary pressures and potential impact on construction and manufacturing costs.
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